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3 years ago

12

In rich countries such as the United States, changes in the level of taxation have little impact on the incentives of entreprene

urs.
True or False?

1 answer:

GREYUIT [131]3 years ago

4 0

False. Higher levels of taxation will reduce spending, which will lead to a slower economy and less innovation.

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Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand

defon

Answer:

Explanation:

Fixed costs - will remain similar no matter of output amount

Variable costs - vary with the change in output

Average cost=(Fixed cost(FC) + Variable cost(VC))/number of units produced

VC = VC per cup of coffee served *cup of coffee served in a week

Total Cost(TC)= FC+VC

Average cost=TC/Cup of coffee served in a week

1. Let's calculate for 2000 cups of coffee:

FC remain the same! = $1200

VC=0.22*2000= $440

TC=FC+VC= 1200+440= $1640

Average cost of 1 cup of coffee= TC/#of cups=1640/2000=$0.82

2. Calculation for 2100 cups:

FC=1200

VC=0.22*2100=462

TC=1200+462=1662

Av cost=1662/2100=0.79

3. Calculation for 2200 cups:

FC=1200

VC=0.22*2200=484

TC=1200+484=1684

Av cost=1684/2200=0.77

As the number of cups increased from 2000 to 2100, the average cost per cup devreased 0.82 to 0.79. Then when number of cups increased to 2200, average cost decreased to 0.77. The reduction is due to the variable cost

4 0

3 years ago

Nicoloss is a store that sells clothes, cosmetics, travel bags, and furniture to final consumers. Customer reviews indicate that

kirill115 [55]

Answer: Department store

Explanation: When an establishment offers products and services to end or final consumers in various product segments or categories, such stores are usually referred to as department stores. The word department means each product offering is separated or segmented with varieties to choose from. In the scenario above, Nicoloss store is composed of departments ranging from Clothing, Cosmetics, travel bags, furniture, which gives shoppers the opportunity to purchase from different categories of products on offer within the walls of a single store.

6 0

3 years ago

In recent years, the question of the lack of appropriate ethical behavior has been brought most strongly to the American public

My name is Ann [436]

I Think The Answer Is B I Hope I Helped You :)

6 0

3 years ago

Financial accounting information and managerial accounting information have a number of distinguishing characteristics. For each

ruslelena [56]

Answer:

Characteristics more closely related to Financial Accounting:

A - 1

B - 3

C - 5

D - 6

E - 7

F - 8

G - 10

Characteristics more closely related to management accounting:

A - 2

B - 4

C - 9

Explanation:

Characteristics more closely related to Financial Accounting:

A - general purpose reports: financial accounting takes a general and broad overview look on the company's affairs. This cannot be said of management accounting.

B - Preparation in accordance with relevant Generally Accepted Accounting Principles is one of the fundamentals of financial accounting. Unlike management accounting.

C - financial accounting uses historical bases in valuation of its cost items. Unlike the management accounting.

D - Reporting standards is crucial to the presentation of financial statement and eventual decision making. This cannot be said of management accounting.

E - Financial statement is simply the medium through financial accountant communicate their findings. This is not the same as management accountant.

F - Reports generally centers on the business in financial accounting than management accounting.

G - Financial statement are issued quarterly - interim, or annually - year end. This is unlike management accounting that is most time discretional.

Characteristics more closely related to management accounting than financial accounting:

A - reports are used internally. Management reports are specific to a particular line of company's business. The reports are thus to be used by management.

B - Management reports are more specifically focused. This further buttresses point A above.

C - management reports in its specifically focused drive generally focused on sub units. This cannot be said of financial reports.

4 0

3 years ago

You are considering acquiring a common share of Sahali Shopping Center Corporation that you would like to hold for 1 year. You e

Vikki [24]

Answer:

B. $32.37

Explanation:

The computation of the maximum price for paying the share today is shown below:

Let us assume the buying price be x

Now we applying the following formula

Return = (sale price - buy price + dividend) ÷ (buy price)

12% = ($35 - x + $1.25) ÷ x

0.12 = $36.25 - x

1.12x = $36.25

x = $36.25 ÷ 1.12

= $32.37

Hence, the correct option is B.

3 0

4 years ago